Extensive and timely coverage of the institutional industry.
The state trust has revised the asset allocation for its reserve pool, increasing its target toward fixed-income at the expense of equities.
The plans’ current provider will see its contract expire at the end of the year.
He previously led the investment consulting firm’s defined contribution team and has now joined Fidelity Investments.
The firm raised $1.5 billion for the fund, which was created to invest in solutions to decarbonize the power industry.
The firm announced the final close of its seventh private equity fund at $20.5 billion in capital commitments.
The search will target domestic long-only REIT managers.
The pension fund is seeking buyout and special situations funds to handle an estimated $85 million allocation.
The pension plan received a recommendation to hire two infrastructure managers and disclosed two private equity commitments last month.
The retirement fund selected a new consultant to conclude an invitation-only search launched in November.
The pension plan will consider hiring five non-U.S. equity managers and approving a new private equity portfolio structure this week.